LIC E-Term

LIC's e-Term is a regular premium non-participating "Online Term Assurance Policy" which provides financial protection to the insured's family in case of his/her unfortunate demise. This plan will be available through online application process only and no intermediaries will be involved.
Under this plan, there are two categories of premium rates namely (1) Aggregate lives & (2) Non-smoker lives. For Sum Assured upto Rs. 49 lacs Aggregate category rates only would apply. For Sum Assured Rs. 50 lacs and above there is an option to choose differential premium rate for Non-smoker category. However, the application of Non-smoker rates shall be based on the findings of the Urinary Cotinine test. In all other cases the Aggregate premium rates shall be applicable.

  • Available through Online mode (www.licindia.in)
  • Pure Term plan
  • Differential premium rates for Smoker/Non-Smoker lives
  • Proposal on own life ONLY will be considered

Death Benefit

In case of unfortunate death of the Life Assured during the policy term Sum Assured shall be payable.
Maturity Benefit

On survival to the end of the policy term, nothing shall be payable.


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